New Landlord Who Claims Overcharge Not Willful Must Produce Due Diligence Report
LVT Number: #30705
Tenants sued landlord for rent overcharge while landlord received J-51 tax benefits for its building. Landlord claimed that it didn't willfully overcharge tenants because it relied on misrepresentations concerning apartment regulatory status in rent rolls provided by prior landlord. Landlord bought the building in 2016. Tenants asked the court to compel landlord to produce a due diligence report it had prepared before it bought the building.
Alekna v. 207-217 W. 110 Portfolio Owner LLC: Index No. 156847/2016, 2020 NY Slip Op 30511(U) (Sup. Ct. NY; 2/25/20; Edmead, J)